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porterfield61

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"Accidentally" opened new credit card - please help!
My fiancé was "sleezed" into opening a store credit card at a jewelry store last night. We're looking to buy a house within the next 6 months and I'm worried that this will have a negative impact. I understand that she has already taken a hit by the credit inquiry, but should she cancel the card immediately to reduce the impact on her average length of account?

She has a decent credit score with a great utilization rate. Any and all advise will be appreciated. Thank you!

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I would simply leave it be and never use it. The additional available credit is likely to have more positive effect than an open, short term account affect you in a negative way. As you noted, the damage from the inquiry has already been done.

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